payment rails

A payment rail is a payment platform or a payment network that moves money from a payer to a payee. Either party could be a consumer or business, and both parties are able to move funds on the network. Credit card rails are the credit card payment system.

Source: en.wikipedia.org

Corporates Play Payment Rail Musical Chairs

Corporates Play Payment Rail Musical Chairs
Corporates Play Payment Rail Musical Chairs
April 21, 2020  |  B2B Payments

The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts payable (AP) departments as they adjust payment strategies (and methods) to...

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FinTechs Take On Payment Rail Status Quo
FinTechs Take On Payment Rail Status Quo
April 09, 2020  |  B2B Payments

Although SWIFT revealed plans for its account-to-account functionality last month, the announcement only began making headlines a few days ago. Get the Full Story Complete...

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Innovating Cross Border B2B Payments: It Takes An Ecosystem
Innovating Cross Border B2B Payments: It Takes An Ecosystem
March 19, 2020  |  B2B Payments

Getting U.S. companies to switch to electronic B2B payments is tough enough, but adoption problems only grow when you add in cross-border transactions. “It’s an...

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New Instant Payment Networks Launch, From Aruba To Hungary
New Instant Payment Networks Launch, From Aruba To Hungary
March 17, 2020  |  B2B Payments

Speed drives innovation, particularly in payments. In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting...

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Rethinking Reconciliation Amid Deeper Corporate Finance Disruption
Rethinking Reconciliation Amid Deeper Corporate Finance Disruption
March 11, 2020  |  B2B Payments

The reconciliation process is traditionally viewed in the context of financial transactions: Does the value of a company payment match with what the company was...

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Looking Within The Enterprise To Unlock Spend Data Silos
Looking Within The Enterprise To Unlock Spend Data Silos
March 10, 2020  |  B2B Payments

In B2B FinTech, spend management is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of...

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The Clearing House’s Strategies To Drive RTP Uptake
The Clearing House’s Strategies To Drive RTP Uptake
March 09, 2020  |  Faster Payments

Persuading the 11,000+ financial institutions (FIs) in the U.S. to integrate with a new real-time payments rail is a tough ask, especially when speed of...

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Today In Payments: India Seizes Control Of Yes Bank; JPMC CEO Dimon Recovers From Heart Surgery
Today In Payments: India Seizes Control Of Yes Bank; JPMC CEO Dimon Recovers From Heart...
March 06, 2020  |  News

In today’s top payments news, the Indian government has taken control of Yes Bank as it creates a bailout plan for the bank, and JPMorgan...

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Taking Real-Time Payment Rails To The Tipping Point
Taking Real-Time Payment Rails To The Tipping Point
March 06, 2020  |  Faster Payments

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025,...

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